At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac are reformulating their Social Index to make it more attractive to investors while still protecting the privacy of borrowers.
A coalition of most of the major mortgage industry participants says FHFA and the GSEs should be more transparent about how they assessed and validated the new credit score models.
Condo Project Advisor enhancements will allow lenders to determine whether a loan for a unit in a project is eligible for acquisition by Freddie within minutes.
Several commenters argued that any capital requirement on commingled securities might interfere with the fungibility of the uniform mortgage-backed security.